TEXT-Fitch rates Caterpillar's proposed notes 'A'
Posted on June 21, 2012 at 11:18 AM EDT
June 21 - Fitch Ratings has assigned an 'A' rating to Caterpillar Inc.'s (CAT) proposed issuance of approximately $1.5 billion of senior unsecured notes. The notes will include a mix of maturities of up to ten years. Proceeds will be available for general corporate purposes. The Rating Outlook is Stable. A full ratings list appears at the end of this release. Fitch estimates CAT's debt/EBITDA, with Caterpillar Financial Services Corporation (CFSC) on an equity basis, will increase to a range
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